HUMBL Inc (HMBL)

[Kaibr]

Warrant Math 101

George Sharp tweeted 3 times about this, they all show a .05 warrant price:

I don't know how I can make this any clearer for people to understand.

When $TSNP is $.46 $FORW's warrants are in the money to the tune of $.46/share

(500,000,000 x (.46 - .05)) / 440,324,346 FORW SHARES = .465

When $TSNP is $.38 $FORW's warrants are in the money to the tune of $.375/share

(500,000,000 x (.38 - .05)) / 440,324,346 FORW SHARES = .375

when $TSNP is $.19, $FORW is in the black on its warrants to the tune of $.159 per share

(500,000,000 x (.19 - .05)) / 440,324,346 FORW SHARES = .159

Shoutout to MikePgator for the above math.